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At the beginning of the fiscal year Firm Z goes public and offers 100,000 shares of common stock to the general public for 10 t each. Household J buys these shares. Three months later Firm Z issues additional new shares and offers 50,000 of these shares to the general public for 20 $ each. Household X buys these shares. Net profit at the end of the fiscal year is 14,000,000 t. Firm Z distributes 13,000,000 t of the net profit as dividends on the last day of the fiscal year. The transactions described above between Firm Z and Household J, and between Firm Z and Household X respectively are: i. Secondary market transactions. ii. Primary market transactions. iii. Initial and seasoned public offerings, respectively. OA) i and ili B) i only C) iii only OD) ii only E) ii and in @ 184 IAU